general power of attorney

7/21/2019 General Power of Attorney

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Format of Power of Attorney

• When Power of Attorney is Executed in India by NRI

1. The Power of attorney is to be executed on a non-judicial sta! !a!er of there"uisite #alue as !er sta! duty !re#alent in the res!ecti#e state.

$. Each !a%e of the Power of Attorney and where#er blan&s are filled in should be

initialed by the executants 'all a!!licants to the loan(. Power of Attorney should besi%ned by the Attorney on the last !a%e.

). Power of Attorney should be notari*ed by a Notary Public.

• When Power of Attorney is Executed outside India by NRI

1. The !ower of Attorney should be first ty!ed on a !lain sheet of !a!er. Each !a%e of

the Power of Attorney and where#er the blan&s are filled in should be initialed by the

executants.$. The si%nature of the executant+s should be attested by any authori*ed official of the

Indian Ebassy+ Indian ,onsulate+Trade ,oissioner of India in the countrywhere the a!!licant resides.

). The PA is then sent to India where the Attorney si%ns the PA. The PA then

needs to be sta!ed and notari*ed by the Notary Public.

GENERAL POWER OF ATTORNEY

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3ERE2/ APPINT : ,N4TIT7TE r. + s. 55555555555555555555555555555555555555555555555555555 4N + 6A783TER 9 5555555555555555555555555555555555555555555555555555555555 'hereinafter called

;Attorney< who has subscribed his + her 4i%nature hereunder in to&en of identification( : AT PRE4ENT RE4I6IN8

AT 55555555555555555555555555555555555555555555555555555555T 2E / 0AW970 ATTRNE/ IN / NAE : N / 2E3A09 T 6 AN/ NE R A00 9 T3E 900WIN8 A,T4= 6EE64 AN6 T3IN84=

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1. To a!!ly for 0oan 's( under the #arious 4chees of 0I, 3ousin% 9inance 0td. '0I,390( as also any further or

Additional 0oan 's( to 0I,390 for such Aount as the Attorney ay dee fit : for that !ur!ose to !ay the7!front 9ee 's( : 4i%n the 0oan A!!lication 's( in y Nae : on y behalf and to furnish all the details and

inforation re"uired by 0I,390 : to %i#e any 4tateent= 0etter= ,larification= or any other Writin% re"uired or

necessary for a#ailin% the said 0oan 's( fro 0I,390 : fro tie to tie to follow u! the said 0oanA!!lication 's( : do such other thin%s : deeds as ay be necessary in relation thereto.

$. To acce!t the 4anction 0etter 's( : 4i%n the Acce!tance 's( thereof in to&en of y acce!tance of the Ters :,onditions therein contained : to !ay on y behalf the necessary 9ee 's(= if any= : other char%es le#iable in

res!ect of the said 0oan 's(.

). To re"uest 0I,390 or a%ree with 0I,390 for any chan%e or odification in the 0oan Aount 's(= Rate 's( of

Interest= Period of Re!ayent of 0oan 's( or any other Ters : ,onditions in relation to the 0oan 's( at anytie or fro tie to tie.

?. To recei#e 6isburseent 's( of the said 0oan 's( : for that !ur!ose %i#e effectual dischar%e : %i#e all thenecessary inforation : docuents to a!!raise the A!!lication+s and the Pro!erty 'ies( !urchased + to be

!urchased with the hel! of the 0oan 's(.

,ontd.$..

Recent Passport-

size Photograph of

the Appicant with

!ignat"re across



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5. To secure the loan on such properties mentioned above or any other properties as maybe required by LICHFL, in a form and manner acceptable to LICHFL; to pay stamp duty onsecurity documents if any, present such security documents for reistration beforeappropriate !eistrar"#ub$!eistrar of %ssurances and ive authority letters to the #ub$!eistrar to directly deliver the reistered documents to LICHFL.

&. To furnish such indemnities as may be required by LICHFL in relation to the loan'includin security for the same( and e)ecute all such areements, documents and*ritins as may be required by LICHFL in respect of the loan.

+. To e)ecute in favour of LICHFL, an irrevocable o*er of %ttorney authori-in LICHFL, interalia, to sell the properties secured on any delay or default in repayin the loan and"oroccurrence of any other event of default under the loan as also to appropriate saleproceeds aainst the outstandin amounts in respect of the loan.

@. To execute any 0oan A%reeent 's(= Proissory Note 's(= 0etter 's( of 6eclaration : Indenity= or such other

6ocuents as ay be re"uired by 0I,390 in res!ect of the said 0oan 's(.

. To execute in fa#our of 0I,390= an Irre#ocable Power of Attorney authorisin% 0I,390 to execute in its own

fa#our or in fa#our of any other !erson= as 0I,390 in its sole discretion ay decide= 0e%al ort%a%e in anyfor= includin% in the En%lish 9or= of the Pro!erty 'ies(.

/. To e)ecute in favour of LICHFL, an irrevocable o*er of %ttorney authori-inLICHFL, inter alia, to sell the properties secured on any delay or default in repayin theloan and"or occurrence of any other event of default under the loan as also toappropriate sale proceeds aainst the outstandin amounts in respect of the loan.

. To plede *ith LICHFL any share certi0cates, debentures, bonds, units issued by 1nit Trust of India, 2ational #avins Certi0cates, 0)ed deposits or any other security o*nedby me, by *ay of security for the loan and to sin any documents, transfer forms orpapers that may be required in connection there*ith.

1$. To ac&nowled%e y 0iability + 6ebt in res!ect of the 0oan 's(.

1). To buy !ro!erties on y behalf= to execute A%reeent 's( for 4ale of the sae with any 2uilder + 4eller : a&ePayents to hi there for= to !ay sta! duty : to !resent such A%reeent 's( for Re%istration before the

a!!ro!riate Re%istrar + 4ub-re%istrar of Assurance of the !lace or any !lace in India= as ay be necessary and

to ive authority letters to the #ub$!eistrar to directly deliver the reistered documentsto LICHFL" their trustees

1?. To adit execution of the A%reeent 's( for 4ale before the said Re%istrar + 4ub-re%istrar of Assurance or anyother Authority= as ay be re"uired for the !ur!ose.

1B. To obtain Possession of the 9lat 's( + 7nit 's(= which ha#e been !urchased on y behalf .

1C. To recei#e 0oan 's( : all other 6ocuents includin% Title 6ocuents on y behalf fro 0I,390 : executeRecei!ts thereof.

1D. To si%n 9ors= 6ocuents= : !a!ers re"uired for the !ur!ose of Re%istration of ,o-o!erati#e 3ousin% 4ocietyor a 0iited ,o!any or an Association of A!artent wners : becoe eber thereof !artici!atin% in all

the eetin%s : Proceedin%s fro tie to tie= obtain 4hare ,ertificates : + or other 6ocuents issued in y

Nae : hold the sae as y Attorney : obtain Possession of the 9lat 's(.

3. To ive on lease " leave and license my properties to any person as the %ttorney maydeem 0t.

4. To enter into " e)ecute and furnish such documents and *ritins as may be required bythe LICHFL.

/. To sell the properties belonin to me 'includin properties secured for the Loan and allmonies in respect thereof( to any person at such price as may be deemed 0t by the%ttorney.



Contd..6..

77677

. To abide by the provisions of all applicable la*s 'includin the Forein 8)chane9anaement %ct, 444 if applicable( in connection *ith the loan from LICHFL 'includincreation of security as may be required by LICHFL(.

$$. To o!en : + or o!erate 2an& Account in any 2an& in India in y Nae both Resident as well as Non-resident.The Account ay be o!erated in Indian ,urrency or 9orei%n ,urrency to be reitted by e fro tie to tie.

$). To assi%n 0ife Insurance Policy 'ies( ta&en on y 0ife= to 0I,390= as ,ollateral 4ecurity 'ies( for the 0oan 's(%ranted + to be %ranted to e.

$?. 8enerally to do all such acts= deeds= : thin%s includin% si%nin% of any !a!ers + 6ocuents that are necessary :

incidental to buyin% the !ro!erty= !ayin% the !urchase !rice= borrowin% fro 0I,390 : %i#in% security all at

y cost and ex!ense : that any act= 4tateent= or Writin% of y said Attorney in !ursuance hereto shall bedeeed to be fully authorised : ratified by e(.

$B. This Power of Attorney is %i#en for the reason that 5555555555555555555

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In :itness :hereof, I have hereunto set andsubscribed my hands at on .

#I<28= and =8LI>8!8= by in the presence of ..

I accept #pecimen sinature of ,the %ttorney of .Address of the Attorney 3older > 5555555555555555555555555555555

5555555555555555555555555555555 Nearest 0andar& 5555555555555555 6ist. 555555555555555555555555555

4tate 555555555555555555555555555

PIN 55555555555 4T6 ,ode 5555555 Phone No. 5555555555555555555555

Relation with A!!licant 555555555555

4i%nature of Notary Public > 55555555555555555555555555555 Nae: Address > 55555555555555555555555555555

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Notary !tamp

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general power of attorney

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